THE PORT AUTHORITY OF NY & NJ

Press Release Article

NAIOP NJ SUPPORTS PORT AUTHORITY PLAN

Date: Aug 10, 2011Press Release Number: 79-2011

The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, supports the Port Authority of NY and NJ’s efforts to fund economic development and the jobs that it secures for New Jersey. It is critical that we fund priority port-related infrastructure projects, such as raising the Bayonne Bridge, since approximately 11% of New Jersey’s GDP emanates from the logistics industry.

NAIOP NJ supports integrated and aggressive efforts by all parties – private and public – to improve the infrastructure and growth of New Jersey’s international ports to expand our state’s access to and competitiveness in the global marketplace.

We fully support those projects in the PANY&NJ’s Capital Plan that benefit the region’s transportation and logistics industry.